President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.

The number of banks has plunged for decades as banks joined forces to take advantage of economies of scale or simply failed. There were 4,036 banks at the end of 2023, down slightly from 4,136 in 2022 ...

SoFi Technologies (NASDAQ: SOFI) made its public debut on June 1, 2021, through a merger with a special purpose acquisition ...

Steel was a defining technology of the industrial age, and President Joe Biden made it his goal to bring that back, even as industries like robotics take over.

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.

After last year’s dealmaking driven by the media biz’s shifting winds, more M&A reconfigurations may come in 2025.

U.S. stock futures are pointing higher after a shaky start to 2025, U.S. Steel shares are sinking on reports that President Biden is set to block its merger with Nippon Steel, and Tesla shares are ...

Automakers Honda and Nissan are the latest automakers to be talking about merging. They probably won’t be the last.

Canadian Pacific Kansas City stock's price-to-sales ratio is over twice that of the S&P 500, making it a poor value ...

Sherman & Howard, a Denver-based law firm with an office in Albuquerque, officially completed a merger with Cincinnati-based ...

Discovery and Comcast are expected to attempt to spin off their cable TV businesses, which could set the stage for other ...